21/05/2025 Argaam Exclusive
Shares of ACWA Power Co. fell by 4% to close today, May 21, at SAR 274, its lowest close since March 2024.
The stock hit an intraday low of SAR 270. A total of 860,000 shares were traded at a turnover of SAR 230 million.
| Year High (SAR) | Year Low (SAR) |
| 496.84 | 267.87 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 496.84 | 62.67 |
Adding today’s decline, the stock’s total losses year-to-date reach more than 40%.
| Open | 188.80 |
| Low | 188.00 |
| High | 193.50 |
| Previous Close | 187.90 |
| Change (3M) | (15.60 %) |
| Change (6M) | (13.45 %) |
| Market Value | 146,016.35 |
| Avg. Volume (3M) | 395,475.70 |
| Avg. Turnover (3M) | 75,033,350.58 |
| Avg. Transaction (3M) | 5,462.52 |
| Change(12M) | (51.49 %) |
| YTD | 4.79 % |
Since its debut, ACWA Power has carried out one adjustment to its capital in 2024 through bonus share distribution.
The company recommended a capital hike via a rights issue at a value of SAR 7.12 billion. It was given a go-ahead from the Capital Market Authority (CMA) on the move.
| Date | Type | Capital (M Riyal) | Change (%) |
| 2025 | Right Issue | 7,664.90 | 4.63% |
| 2024 | Split | 7,325.62 | 0.20% |
| 2021 | IPO | 7,311.00 | 13.21% |
| Financial Ratio | Current |
| Market Cap (M Riyal) | 146,016.49 |
| Shares Outstanding ((M)) | 766.49 |
| EPS ( ) (TTM) | 2.33 |
| Book Value (BV) ( Riyal) (Latest announcement) | 36.79 |
| Recurring P/E | More than 100 |
| Price/book | 5.18 |
| Dividend Yield (%) (Last Year) | 0.23 |
| Return on Average Assets (%) (TTM) | 2.88 |
| Return on Average Equity (%) (TTM) | 7.63 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 168,558.57 |
| EV/adj EBITDA | 69.21 |
| EV/Revenues | 23.71 |
Fair Average Price
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Sell | EFG-Hermes | 297.03 | 109.13 | (63.26 %) |
Be the first to comment
Comments Analysis: